In a book titled 'Reimagining India: Unlocking The Potential of Asia's Next Superpower', Schultz wrote an essay.
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In the essay, he mentioned this incident at the celebratory dinner, the night of Tata Starbucks' first store's opening in Mumbai. Ratan Tata offered a toast which moved Schultz.
He writes in the book,
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"A few weeks after returning from the opening of our Mumbai store, we held one of our big open forum meetings where we get the entire company together. And as I tried to describe that moment for everyone, something came over me. I started to cry. ..
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..In India, we'd had a chance to do something extraordinary, something truly world-class. And I am excited that we have a chance to grow and give back in a land where so much opportunity lies ahead and to contribute to making it a little better place than the one we found."
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He did not stop there. He went on to add that he considers Tata to be a "man with so much grace." "I could sit and listen to Ratan Tata for days on end. He has so much wisdom and insight not only about India but about the world," he said.
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Tata Starbucks operates 191 stores across 12 cities in the country & employs over 2,000 people.
Tata Starbucks forms part of Tata Consumer Products Ltd.
Before moving further, look at this video (4-6 mins) to see how uniquely the MD & CEO Sandipan Chattopadhyay defines AI.
Thread follows
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~Started in 2015- 24 people
~IPO in 2019
~End-to-end IT service provider
~Product Dev, Data Science & Analytics
~Next Gen Tech: Al & ML
~Core theme: HEAL (Health, Edu, Agri & Livelihood)
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A unique business of providing tech solutions in exchange for equity.
Did you know that Tata’s foray into the beverage space goes back as early as May, 1963 when Tata-Finlay Ltd, Tata Group's tea, coffee, and spices business, was established as a joint venture with James Finlay and Company, a Scottish firm?
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Since then the Tata group has grown organically and inorganically in the food beverage space. However, their holding structure with the group companies was very complex.
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In 2017, when N Chandra took over the charge of Tata Sons and adopted a strategy to disentangle cross-holdings and simplify structures, the seeds of transformation in Tata Consumer products (erstwhile Tata Global Beverages) were sown.
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A multi-cloud, multi-service business architecture, with composable tiles that together deliver the working applications and processes needed in an enterprise
Mr. Anand Deshpande (@anandesh), after completing his Ph. D. in Computer Science, quit his job at HP Labs in the USA. He returned to India in 1990.
And from there started a 30 Year Transformational Journey of Persistent Systems
A thread
1990- 2001
Persistent at that time was a technology provider for database product companies primarily in the USA and other western countries.
Milestones in 1999
~Reached 100 employees in
~Got 1st external investor in Intel 64 Fund
~Revenue crossed 10 Cr
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2001-2008
~Innovation partner for software product companies
~Stayed away from the IT outsourcing services wave
~Focused on Outsourced Product Development
~Became a leader in this space
~Employees 1000
~Revenue crosses 100 Cr
~$18.8 Mn funding from Norwest & Gabriel
An interesting insight from the WhatsApp University
17 LakhAbhimanyus have entered chakravyuh, will they Survive?
A Thread!
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SEBI chief recently expressed his concern over 23 Lakh new demat accounts opened in April/May 2020 and increased stock trading by investors.
2/ In Mahabharat, the youngest warrior Abhimanyu got killed attempting to break the chakravyuh. He knew how to enter the Chakravyuha but knew nothing about how to come out of it.